As Qatar Airways looks to shift risk from that whole Middle Eastern mess, an investment in American would add to its global portfolio, which includes a 20% stake in British Airways parent company IAG and a 49% stake in Meridiana, Italy’s second-largest carrier.

But that 10% isn’t being handed on a silver platter. If Qatar Airways wants to get off the runway with this baby, American Airlines will need to approve any stake over 4.75%.

‘Scuse Me, Sorey

The independent Canadian counterpart to Sears (+6.07%) filed for bankruptcy after burning through 30% of its cash in the last quarter, while maxing out its credit lines in its ongoing effort to outlast the retail epidemic.

And while it will indirectly affect Sears, which holds a 12% stake in the brand, it is gut-wrenching news for Eddie Lampert—the Sears CEO who owns a whopping 45%.

For both Sears Canada and Mr. Lampert, all hope rests on $109 million in creditor bailout funds to restructure the business and keep the Canadian retailer afloat.